UES suspends power deal with Ukraine

5 July 2005

Following a decision by the Ukraine’s National Power Engineering Regulating Commission to raise power tariffs, Russia’s UES has suspended a power purchase agreement with the country’s Energoatom.

The tariff hike to ¢2.4/kWh sees a domestic market increase of some 80% and has brought about the suspension of a monthly contract volume of around 500GWh that began in December 2004. Russia plans to increase its domestic output to cover the contract while the Ukraine is expected to have to leave one reactor all but idle.

Meanwhile, Energoatom has become an associated member in the EUR group which incorporates nuclear operators from Belgium, Finland, France, Germany, Italy, Sweden, the Netherlands and the UK.

Related Articles
Valve order for Shin Kori

Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.